Full Form of BHIM
Full Form of BHIM is Bharat Interface for Money. BHIM App is a mobile application based on the Unified Payment Interface (UPI). The App was launched by the National Payments Corporation of India (NPCI). The BHIM app is named after Dr. Bhim Rao Ambedkar, the man who worked for Dalits and the poor. You can check Full Form of BHIM App, What is BHIM from this page. आप UPI का पूरा नाम – Hindi में इस पृष्ठ से समझे!!!
Bharat Interface for Money (BHIM) is an app that allows you to make transactions in a simple, easy and quick manner using Unified Payments Interface (UPI). With the help of BHIM App, One can make instant bank-to-bank payments and Pay and collect money using just Mobile number or Virtual Payment Address (VPA).
Full Form of BHIM
What is BHIM?
BHIM (Bharat Interface for Money) is a mobile payment App technologically advanced by the National Payments Corporation of India (NPCI), based on the Unified Payments Interface (UPI). It was launched by Prime Minister Narendra Modi at the DigiDhan Mela at Talkatora Stadium in New Delhi on 30 December 2016.
It was named after B. R. Ambedkar and is proposed to expedite e-payments directly through banks as part of the 2016 Indian banknote demonetization and drive towards cashless transactions.
The app supports all Indian banks which use UPI, which is built over the Immediate Payment Service (IMPS) infrastructure and allows the user to instantly transfer money between bank accounts of any two parties. It can be used on all mobile devices.
Check Here: What is the Full Form Of UIDAI
What is UPI – UPI का पूरा नाम – Hindi में समझे
यह भारतीय राष्ट्रीय भुगतान निगम (NPCI) एवं भारतीय रिज़र्व बैंक (RBI) द्वारा शुरू किया गया ऑनलाइन पेमेन्ट सिस्टम का नया तरीका है। यह एक एप्लीकेशन के रूप में निर्मित किया गया है, इस एप्लीकेशन के द्वारा उपभोक्ता आसानी से अपने स्मार्टफोन से पैसों का लेन-देन कर सकते है। UPI एप्प की एक खास बात यह भी है की इसमें किसी प्रकार की बैंक डिटेल्स जैसे- IFSC Code आदि की जरूरत नही होती बस इसमें UPI एप्प की वास्तविक आईडी से ही सारे ट्रांजेक्शन हो जाते है।
UPI is also known as the Unified Payment Interface and just like your email id, this can be taken as your monetary address. Similar to your bank account, this remains unique to every individual and will help you to transfer and receive funds instantly using IMPS – Immediate Payments Service.
So, now you do not need to transfer funds intra-bank using old methods like NEFT, RTGS and cheque. Things will happen immediately all throughout the day even on holidays. BHIM is a mobile application for payment, It is developed by National Payments Corporation of India (NPCI) based on the Unified Payments Interface (UPI).
BHIM application was launched in December 2016. It is used for quick, hassle-free online payment directly from bank by using UPI. There is no transaction fee from rs. 1 to rs. 100,000, and the maximum number of Transactions per day is 20. Get all updates regarding BHIM and UPI from this page.
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